California Utility Signs PPA with NextEra for Eight-Hour ESS... Come on Exro, after the UL cert, get this ESS going...
California utility Clean Power Alliance has inked a 15-year PPA with NextEra Energy Resources for an eight-hour duration energy storage project. Clean Power Alliance (CPA) announced the long-term power purchase agreement (PPA) with energy giant NextEra Energy’s clean power arm last week (7 April). The PPA secures the offtake from NextEra’s 75MW, long-duration Desert Sands Energy Storage facility in Riverside County, California, starting in June 2026..
...So Much $$$$ being given out now they want to OVERBUILD,,,LMAO......The new investment tax credit (ITC) for standalone energy storage means some US developers are opting to overbuild instead of augment later, system integrators told Energy-Storage.news. The standalone ITC, brought in as part of the Inflation Reduction Act and effective as of 1 January this year, has meant a significant uptick in developer interest in the US grid-scale energy storage market.
( GFFA) mo